Coal won’t be replaced anytime soon: “The idea that solar, wind and other sources can immediately replace coal is a fallacy; it would take years for us to replace coal plants with a mixture of nuclear, solar and wind power plants.” (SeekingAlpha)

Opec’s final humiliation: Production levels may even rise this year from Canada and Mexico. “Who ever expected that the Canadians would become the greatest threat to Hugo Chavez?” (247WallSt)